Derivatives Today: Navigating the Path of Uncertainty
200 Aldersgate, St. Pauls, London EC1A 4HD, United Kingdom
A DerivSource community forum - Nov 14 2018 in London (9am - 5pm)
The OTC derivatives space has undergone radical transformation in the last decade with sweeping regulatory reforms aiming to make the sector safer and more transparent. However, the industry still lacks clarity as to how the new market infrastructure should operate following the 2008 financial crisis. Today, financial institutions and the derivatives industry in general face a raft of new challenges as a result of changing market conditions and an uncertain regulatory climate.
In DerivSource’s first community forum on Nov 14th, we explore the current market factors impacting industry infrastructure and derivatives operations on both the buy and the sell side, as well as the challenges that come with political and market uncertainty and the possible unintended consequences of regulatory reform.
Join us to reflect on the predicted market changes (such as futurisation, collateral shortfall) that have not evolved as expected—and to discuss the new trends that will shape the derivatives industry in the coming years. This is a not-to-be-missed event, offering a look into the future by focusing on the "new normal" for the derivatives industry.
Led by DerivSource founder and editor, Julia Schieffer, this interactive forum will include panel discussions, presentations and breakout sessions starting from 9am until 5pm with a cocktail reception to follow. See details below.
How to Navigate Uncertainty with Political, Market and Regulatory Change
Nothing is certain with Brexit talks ongoing, the possibility of a further regulatory change in the US Trump administration and ongoing regulatory change impacting derivatives market participants. This panel will explore how their business roadmap has changed due to various market conditions (political/market uncertainty) and what new risks the level of uncertainty will introduce.
Barry Hadingham, Head of Derivatives & Counterparty Risk, Aviva Investors
Samantha Page, Senior Manager, Wholesale Banking Supervision, FCA
Guy Usher, Partner, Head of Derivatives & Structured Finance, Fieldfisher
CCP Clearing- Status Quo & New Expectations
CCP clearing was seen as an answer to addressing counterparty risk post-financial crisis; however, with client clearing shrinking, volumes not as anticipated and costs rising, this space needs to evolve with the new market conditions. This panel will explore clearing access models, expansion to other products and how the market is collaborating to ensure CCPs and users are safe in the event of the next market blip.
Rosa Fenwick, LDI Portfolio Manager, BMO Global Asset Management
Matthias Graulich, Chief Strategy Officer, Deutsche Boerse Eurex Clearing
Caroline Escott, Policy Lead: Investment and Stewardship,Pensions & Lifetime Savings Association (PLSA)
Vijay Kasilingam, Global Markets – CCP Risk, HSBC
Collateral Management – Will the Collaborative Ecosystem & Utilities Work?
Collateral management has been centre stage due to regulatory reform and as such, internal operations and service providers have evolved accordingly. A panel explores if the emerging collateral management ecosystem including collaborated market solutions works for the wider marketplace and if so, where does this leave internal operations?
Chetan Joshi Business Programme Manager, Margin Reform, Standard Chartered Bank
Lisa Jackson, Head of Clearing, Collateral Management Solutions, Vermeg
Mark Higgins, Managing Director& Senior Business Development Manager for BNY Mellon Markets in EMEA
Derivatives 2.0 – will technological innovation leapfrog over new challenges?
With distributed ledger and AI where is the real tech innovation taking place in both OTC and listed derivatives today? This panel will discuss the practical implications of some of the newer technologies – where they offer advances and where they fall short.
Cathryn Lyall, Co-Founder, Seismic Foundry
Martin Watkins, EMEIA FSO Co-Head for Exchanges & FMI,EY
Anthony Woolley, UK Head of Innovation and FinTech Engagement, Society Generale
Dr Sian Lewin, Client Delivery Director, RT Associates
PRESENTATIONS AND INTERACTIVE BREAKOUT DISCUSSIONS:
Preparing for Initial Margin | How to Calculate SIMM Sensitivities and Automate the Process
Speakers: Neil Murphy and Thomas Griffiths, TriOptima’s triResolve and triCalculate services
Brexit: An Economic View of the Impact on the City
Speaker: A Chief Economist
LIBOR: How to Prepare for Moving On
Speaker: Shankar Mukherjee, UK Financial Services Partner and IBOR Lead, EY
* More Speakers and Agenda details to be confirmed shortly. Agenda subject to change.
WHO SHOULD ATTEND?
Financial professionals active in derivatives, risk management, regulatory compliance, collateral management, post-trade processing and operations and fintech. Buy-side market participants can attend at no cost. Please contact us at firstname.lastname@example.org for the discount code.
To get involved as a sponsor or speaker, please contact Julia Schieffer at email@example.com
Early bird ticket